In June 2025, Ripple (XRP) experienced a notable increase in large-scale investor activity. Specifically, the number of wallets holding over one million XRP reached an unprecedented 2,700, and transactions exceeding $1 million have doubled compared to the previous year. Additionally, daily active addresses surpassed 295,000, while transaction volume peaked at $8.5 billion. These developments suggest that major market participants may be positioning themselves in anticipation of a significant price movement. This heightened activity is occurring against the backdrop of ongoing legal proceedings with the SEC and speculation regarding the introduction of an XRP ETF—factors that have historically preceded substantial changes in XRP’s market value.
Resistance and Support Analysis
The immediate resistance level for XRP is around $2.35, and a breakout above this level will push prices higher to $2.65/$2.80/$3/$3.40/$4. Any breach above $4 confirms further bullishness, a jump to $5. On the downside, immediate support lies at $2 any break below targets $1.60, $1.27, $1.00, $0.85, and $0.74.
CCI(50)- Bullish
Directional Movement Index - Neutral
Trading Strategy Recommendation
It is good to buy on dips around $2 with SL around $1.60 with SL around $4.
